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The Forum > General Discussion > Looks like Australia is for sale.

Looks like Australia is for sale.

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Crazy rich Asians: Chinese investors pour $40billion into Australia in just four years with almost half of the money coming from Beijing-backed companies

Chinese investors have injected $40.4 billion into Australia in the past four years
Figures are according to the new Chinese Investment in Australia Database
New South Wales and Victoria were the biggest beneficiary investment areas
Investment was at its peak in 2016 before it plummeted to $8.9 billion in 2017

Chinese investors have injected $40.4 billion into the Australian economy in the past four years, despite a sudden slump last year, a newly launched public database has revealed.

The Chinese Investment in Australia Database, the first extensive public register tracking the flow of Chinese foreign investment into Australia, was unveiled on Monday.

Compiled by the East Asian Bureau of Economic Research at the Australian National University in Canberra, the database aims to help provide a better understanding of 'who' is undertaking investment activity.

http://www.dailymail.co.uk/news/article-6250821/Chinese-investors-pour-40billion-Australia-four-years-half-Beijing-companies.html

Of the 262 transactions made, 222 involved a privately-owned investor and 70 per cent were worth under $100 million.

Of the $40.4 billion poured into Australia by Chinese investors between 20I4-17, almost half ($19.2 billion) came from Chinese government-backed companies, according to the figures.
Posted by Philip S, Monday, 8 October 2018 12:58:31 PM
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In 1851 Chinese investors collected most of the wheel barrows and filled them with gold and cabbages at bargain prices eat in or take way. British subjects grabbed hundreds of tons of gold and today some Australians invest $84bn in UK which invests $83bn in Oz which seems a bit circular but that's finance.
Posted by nicknamenick, Monday, 8 October 2018 2:33:12 PM
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Hi Philip,

Not sure if Australia is entirely - "for sale?"
But some of it certainly appears to be.

And -

It certainly looks like it at first glance when travelling
around Melbourne and seeing all the apartment buildings
(little boxes) going up thanks to "Chinese money."

And then seeing how many homes have "for lease," signs up.
again thanks to "Chinese money."

Thanks for alerting us to the first extensive public
register tracking the flow of Chinese foreign investment into
Australia. The database was compiled by the Asian Bureau
of Economic Research at the ANU in Canberra. And the data
base aims to provide a better understanding of who is
undertaking investment activity.

Professor Peter Drysdale, Project Leader, has called on
Australia to be "clear-eyed" about investment.

He has stated that - "Rather than close off Chinese
investment in infrastructure, both countries need to frankly
sit down and talk about how to manage the risks."

"There is a strong appetite for infrastructure investment
funds and it can't all be sourced domestically. China is
the largest source of new capital in international markets
by a significant margin."

NSW and Victoria (according to the Daily Mail) were by far
the biggest beneficiaries of investment, while mining, real-
estate, and transport were the key investment areas.

We're told that the investors' investments accounted for 42
per cent of total recorded investment activity.

Do we need Chinese investment? Apparently we do.
However, could we at least set certain rules and regulations
that would protect too many "eyesores" from springing up
within out urban areas - and could we also protect our
prime agricultural land from being sold off as well to
foreign investors?
Posted by Foxy, Monday, 8 October 2018 3:14:59 PM
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We can make up our own figures , everyone's lying.

https://dfat.gov.au/trade/resources/investment-statistics/Pages/statistics-on-who-invests-in-australia.aspx

Ireland invests more than 1/3 that China did last year. Bitcoin and Dreamworld Oil Casino probably do it by money-laundering through Putin Opera House Cricket.
Posted by nicknamenick, Monday, 8 October 2018 3:24:09 PM
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Well yes I too am concerned, however we must not ignore a truth, the Chinese will never own Australia, the Japanese will not sell it to them.
Few western country,s are not facing the very same problem.
World trade and opening our market to others is a basic side effect of? capitalism.
And the idiotic thought we can forever have sustainable growth in all thing.
Close the door? if we want to become a Banana Republic
Posted by Belly, Monday, 8 October 2018 3:49:31 PM
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Can't blame the Chinese. They couldn't do it without the help of our greedy, corrupt politicians who could put a stop to it any time they wanted. I've always believed that Australia's worst enemies are its political class. Australian politicians seem to be working, not for us, but for foreigners. It's all about globalisation and a global elite intent on picking the eyes out of sovereign nations, and bugger the locals.
Posted by ttbn, Monday, 8 October 2018 4:17:50 PM
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Looks like Australia is for sale.

SOLD !
Posted by individual, Monday, 8 October 2018 7:11:19 PM
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This is just one event that has been able to be proved. Australian's need to manage things across our borders much better. This includes investment, immigration, business. When for example there are thousands of containers crossing our border in a time period it may not be possible to manage the risks. One way to reduce the risks is to become more self sufficient. Libertarianism both socially and in business becomes a problem when it is unmanaged- freedom in this case ironically only creates new sources of powerful tyranny. Balance is important.
Posted by Canem Malum, Tuesday, 9 October 2018 6:02:23 PM
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Horrifying Consequences If China Runs Globalist New World Order
http://youtu.be/CW2vFhQVMMc
Posted by Armchair Critic, Wednesday, 10 October 2018 9:02:36 PM
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China is an enemy that wants to take over the world, including Australia, and destroy our personal freedom like it does to those unfortunate to already live under its regime.

The answer, however, is not to become like China in restricting our freedom, else what would it matter anyway?
Posted by Yuyutsu, Wednesday, 10 October 2018 11:15:07 PM
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I don’t know if a 21 year-old woman actually wrote this – not that it matters. The issues raised deserve consideration.
"IF YOU CAN'T FIX IT WITH A HAMMER,YOU'VE GOT AN ELECTRICAL PROBLEM”
This was written by a 21 yr. old female who gets it. It's her future she's worried about and this is how she feels about the social welfare big government state that she's being forced to live in! These solutions are just common sense in her opinion. This was in the Waco Tribune Herald, Waco , TX
PUT ME IN CHARGE . .

Put me in charge of food stamps. I'd get rid of Lone Star cards; no cash for Ding Dongs or Ho Ho's, just money for 50-pound bags of rice and beans, blocks of cheese and all the powdered milk you can haul away. If you want steak and frozen pizza, then get a job.

Put me in charge of Medicaid. The first thing I'd do is to get women Norplant birth control implants or tubal ligations.Then, we'll test recipients for drugs, alcohol, and nicotine. If you want to reproduce or use drugs, alcohol, or smoke, then get a job.

tbc..
Posted by individual, Thursday, 11 October 2018 3:25:00 PM
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Put me in charge of government housing. Ever live in a military barracks? You will maintain our property in a clean and good state of repair. Your "home" will be subject to inspections anytime and possessions will be inventoried.If you want a plasma TV or Xbox 360, then get a job and your own place. In addition, you will either present a check stub from a job each week or you will report to a "government" job. It may be cleaning the roadways of trash, painting and repairing public housing, whatever we find for you. We will sell your 22-inch rims and low profile tires and your blasting stereo and speakers and put that money toward the "common good.”

Before you write that I've violated someone's rights, realize that all of the above is voluntary. If you want our money, accept our rules.Before you say that this would be "demeaning" and ruin their "self esteem," consider that it wasn't that long ago that taking someone else's money for doing absolutely nothing was demeaning and lowered self esteem.

If we are expected to pay for other people's mistakes we should at least attempt to make them learn from their bad choices. The current system rewards them for continuing to make bad choices.
AND While you are on Gov't subsistence, you no longer can VOTE! Yes, that is correct. For you to vote would be a conflict of interest. You will voluntarily remove yourself from voting while you are receiving a Gov't welfare check. If you want to vote, then get a job.
Posted by individual, Thursday, 11 October 2018 3:25:26 PM
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Armchair Critic,
Alex Newman is dead-on with his assertion. How can we get the average Australian to sit up & get interested in the future of this Nation ?
Posted by individual, Saturday, 13 October 2018 11:15:47 AM
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China is a serious threat- India is another one- probably even greater. There are a few countries that want to take over Australia especially those with large populations. Like a company that manages it's debts becomes a take-over target. Some country's salivate at the thought of a weak divided Australia. Everyone in Australia should do national service- so they are prepared to defend it.
Posted by Canem Malum, Saturday, 13 October 2018 12:10:18 PM
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A "UN type" organization could be a balance against hegemonic power in the world if it focused on the power between nations rather than within.
Posted by Canem Malum, Saturday, 13 October 2018 12:16:08 PM
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You are missing the big one on our doorstep Indonesia if the wrong people come into power there.
Posted by Philip S, Saturday, 13 October 2018 4:54:39 PM
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A "UN type" organization or even UN. Everyone agreed to end wars. However this was a translation error and meant the opposite.
Posted by nicknamenick, Saturday, 13 October 2018 7:49:47 PM
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It'll come down to sense vs fertility.
Posted by individual, Sunday, 14 October 2018 7:14:01 AM
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a sterile argument
Posted by nicknamenick, Sunday, 14 October 2018 7:44:53 AM
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nicknamenick A few threads do tend to go to crap after you contribute.
Posted by Philip S, Sunday, 14 October 2018 4:33:34 PM
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Individual said "It'll come down to sense vs fertility."

Answer- Interesting way of putting that- I think I'd like to borough that line.
Posted by Canem Malum, Sunday, 14 October 2018 6:02:38 PM
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Sorry borrow.
Posted by Canem Malum, Sunday, 14 October 2018 6:03:10 PM
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